Nasdaq, Inc., a leading global technology company, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1971, Nasdaq revolutionised the financial markets by launching the world's first electronic stock exchange, setting a precedent for modern trading practices. The company primarily operates in the financial services industry, offering a diverse range of products and services, including market technology, trading platforms, and data analytics. Nasdaq's unique blend of innovative technology and comprehensive market insights positions it as a key player in the global financial ecosystem. With a strong market presence, Nasdaq has achieved notable milestones, including the listing of thousands of companies and the development of advanced trading solutions that enhance market efficiency and transparency.
How does Nasdaq's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Nasdaq's score of 72 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nasdaq reported a total of approximately 91,781,000 kg CO2e in greenhouse gas emissions, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions accounted for about 75,100 kg CO2e, while Scope 2 emissions were approximately 18,776,000 kg CO2e. The majority of emissions stemmed from Scope 3, which totalled around 91,644,000 kg CO2e, highlighting the extensive impact of their supply chain and operational activities. Nasdaq has set ambitious climate commitments, pledging to achieve a 100% reduction in absolute Scope 1 and Scope 2 emissions by 2030, using 2021 as the baseline year. Furthermore, they aim to maintain these reductions through 2050. For Scope 3 emissions, Nasdaq targets a 95% reduction by 2050, also from a 2021 baseline. Additionally, they are committed to sourcing 100% renewable electricity through 2030 and ensuring that 70% of their suppliers set science-based targets by 2027. These initiatives reflect Nasdaq's dedication to sustainability and their alignment with global climate goals, aiming for net-zero emissions across their value chain by 2050.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | - | - | 0,000 | 000 | 00,000 | 00,000 |
Scope 2 | 35,305,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 00,000 |
Scope 3 | 28,054,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nasdaq is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.